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Buy Bharti Airtel; target of Rs 952: Emkay Global

Posted on: May 30th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has recommended a buy rating on Bharti Airtel with a price target of Rs 952 in its report dated May 28, 2009. “Street has raised concerns on large equity issuance (57%) and subsequent EPS dilution of 8-10% in FY10/FY11 (post consolidation of 49% in M…

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